Posted under News | What's New from the Charities Directorate of CRA | Canadian Charity Law | New corporate non-profit acts
The CRA has just posted a new guidance which will be very helpful for Canadian charities. It is called CG-019, How to Draft Purposes for Charitable Registration. Also the CRA has updated their model purposes. The purposes or legal objects of a charity are very important. This guidance will be helpful to those considering setting up new charities. Also with so many Canadian charities needing to do corporate changes under the CNCA or ONCA this provides an opportunity for some charities to update objects which may not be helpful to the organization. If you are a registered charity and considering updating your objects this guidance will be helpful. You may also want to obtain legal counsel as you will need to discuss the changes with CRA. The objects are vital to the scope of the work conducted by a charity and CRA in order to review any revised objects will require a detailed description of activities because the Charities Directorate does not look at objects by themselves.